Power Integrations Inc (POWI)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 819,868 | 865,490 | 859,457 | 851,405 | 840,096 | 837,963 | 809,004 | 919,195 | 1,014,490 | 1,004,990 | 967,849 | 944,719 | 903,339 | 876,068 | 853,777 | 827,439 | 803,896 | 636,410 | 620,389 | 600,505 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $819,868K
= 0.00
Based on the data provided for Power Integrations Inc., the debt-to-assets ratio has consistently been reported as 0.00 across all quarters of the last two years. This suggests that the company has not utilized debt in financing its operations or growth activities, as the ratio indicates that there is no debt used to acquire assets. A debt-to-assets ratio of 0.00 typically indicates a company with a strong financial position and low financial risk. Power Integrations Inc. appears to have a conservative approach to capital structure by not relying on debt financing, which can be seen as a positive sign for investors and stakeholders concerned about the company's financial stability and ability to manage debt obligations.
Peer comparison
Dec 31, 2023